Business Development: Trends

Trends

“…while the number of VC-backed M&A exits is in line with prior years (~25 per year), the value both in terms of upfront and full “biobuck” (~milestones) potential have reached new highs, topping over $5 and $8 billion, respectively.”

“…the average values per deals are steadily escalating – even though the average invested capital required to get there has remained steady.”

“…these trends have led to a very robust and positive return trend. Return multiples have almost tripled since 2005-2007 on overall deal multiples, and have more than doubled on the upfront multiples.”